Bengaluru: Ratan Tata and Bollywood actor Hrithik Roshan are in talks to invest in CureFit, a healthcare startup founded by former Flipkart executives. The year-old entity started by Mukesh Bansal and Ankit Nagori has so far raised about $20 million and counts venture capital firms Kalaari Capita…
Mahindra Electric looks to start-ups for 3x growth in 2017
Mumbai: One of the few manufacturers of electric vehicles in India, Mahindra Electric is targeting a 2-3 times growth in 2017 and is knocking on startups’ doors to achieve the same. The hybrid vehicle maker launched four variants in 2016 — e2o plus, eVerito, eSupro Van in cargo and passenger vers…
2017 to be a better year for Indian start-ups: Qualcomm Ventures
Qualcomm Ventures, the venture investment arm of US-based chip maker Qualcomm Inc which has a USD 150 million India-focused fund, expects 2017 to be a better year for the startup ecosystem, especially early stage companies. “2016 was the hardest year, and that is behind us. 2017 will be a better …
स्टार्टअप ने बदली युवा भारत की तस्वीर, 32,000 करोड़ रुपए का रिकॉर्ड निवेश
स्टार्टअप ने युवा भारत की तस्वीर बदल कर रख दी है। प्रधानमंत्री नरेंद्र मोदी के प्रयास से भारत स्टार्टअप के मामले में अमेरिका और ब्रिटेन के बाद दुनिया में तीसरे नंबर पर पहुंच गया है। स्टार्टअप पर नई नीति लागू होने के बाद 2015 में करीब 32,000 करोड़ रूपये का निवेश हुआ। सबसे बड़ी बात […]
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Upaya Social Ventures launches accelerator programme targeting small businesses
Seattle- based non-profit organization Upaya Social Ventures has launched its 2017 accelerator programme targeting small businesses which are creating jobs by ‘organizing the unorganised sector.’ The accelerator will have three different cohorts of 8-10 ventures across six months whic…
‘भारत-QR’ छोटे कारोबारियों के लिए है बेहद लाभदायक, कैशलेस भुगतान को देगा बढ़ावा
बिना कार्ड या पॉइंट ऑफ सेल्स (पीओएस) मशीनों के कैशलेस भुगतान को बढ़ावा देने के मकसद से लाए गए ‘भारत-क्यूआर’ को छोटे कारोबारियों के लिए काफी मुफीद माना जा रहा है। कहा यह भी जा रहा है कि सरकारी मध्यस्थता के चलते एक बार चलन में आने के बाद यह बाजारों से डिजिटल वॉलेट्स का […]
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Need to encourage leasing to boost SME growth: World Bank
The World Bank Group sees “leasing” as an important financing tool for Small and Medium Enterprises (SMEs) and wants policymakers in India to take steps to propel its growth in the country. “Leasing is very sensitive to taxation and I understand the taxation rules were changed, and as a result, i…
Two SME IPOs to hit capital markets next week
To tap upbeat investor sentiment, two small and medium enterprises (SMEs) – Akash Infra Projects and RMC Switchgears, will come out with their initial public offerings next week to raise about Rs. 30 crore. This is in addition to five SMEs that have already hit the capital markets this mont…
KVIC setting up ‘Khadi Gaon’ to boost rural products
The Khadi & Village Industries Commission (KVIC) is initiating a project named ‘Khadi Gaon’ in each state of India, with the goal to scale up employment in rural areas and also push khadi and village industries products from these regions. This was revealed by KVIC chairman Vinai Kumar Saxena…
Ficci calls to replicate London model to boost start-ups
Hyderabad: Many of the policies responsible for establishing the UK and London in particular as a startup hub have happened in the last 5-6 years. London accounted for one seventh of the UK investment into startups in 2010, a figure that has since increased to two-thirds. To establish such an eco…